We do not need government and bank any more

[siap86]

With the fast developing blockchain technology, more and more people are getting involved in the blockchain world. The human being has been evolving so many years, we went through the period of the primitive society, the agricultural revolution, the industrial revolution, and the Internet revolution. It's time to change, we now need to enter a new era, a decentralized era, we got to trust each other with the technology, but not with the third parties. Government is third parties, the bank is third parties, all the giant company are third parties. Why they want to hinder the development of blockchain or ICO. Because they are afraid, there are no more people they can get benefit from.

I do not agree, the government is our protector like a bank. If we do business by forgetting the two institutions then we take a big risk.

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[jakiro.hovard]

Yes, this is exactly what the entire crypto-currency world is waiting for, because earlier it seemed to me that people can not understand that technologies such as blockchain can replace many vacancies, as well as smart contracts. This is our future.

[ATSgrowth]

With the fast developing blockchain technology, more and more people are getting involved in the blockchain world. The human being has been evolving so many years, we went through the period of the primitive society, the agricultural revolution, the industrial revolution, and the Internet revolution. It's time to change, we now need to enter a new era, a decentralized era, we got to trust each other with the technology, but not with the third parties. Government is third parties, the bank is third parties, all the giant company are third parties. Why they want to hinder the development of blockchain or ICO. Because they are afraid, there are no more people they can get benefit from.

Everything seems very good. But without governments and banks we would live in anarchism. Who will be the authority to set rules? Who will regulate the market to prevent crash?

[Namara]

I don't understand why many people confuse blockchain technology and cryptocurrency? These are 2 different things where blockchain is the main thing and cryptocurrency is a speculative point !

[Bonwin]

If we continue with this idea, government and other organizations will continue to fight against cryptocurrency. What i think is that there can be mutual coexistence between government, banks, organizations and the crypto world. Let's still make use of banks while cryptocurrency is also operational. Although, i believe crypto enthusiasts will prefer crypto more.

[Niobeh]

If we continue with this idea, government and other organizations will continue to fight against cryptocurrency. What i think is that there can be mutual coexistence between government, banks, organizations and the crypto world. Let's still make use of banks while cryptocurrency is also operational. Although, i believe crypto enthusiasts will prefer crypto more.

I think, it's too risky for our earnings because this is decentralized and uncontrolled investment site that also prices is unstable but as long as it will stable at higher prices I think we, don't need government anymore and bank to be, secured. I hope that it will happened in years of coming.

[Matteo.b]

Their is good and bad side of your statement , i cant imagined the situation many possibilities has been proven to work fast and grow with the acceptance of other parties. But on that the fast growing crypto currencies reliable for helping others hoping in good achieving up to the future.

[Psalmy2cute]

we need banks until blockchain developed with its full powers but its is fact we dnt need banks any more we are paying tax to bank for deposit our money and also on withdarw on money and in blockchin its is sitable to everyone and we can use it with very low tax fee thats why all countries thinking abbout to band crypto currency in there countries Government should be there to protect its citizens but should allow the blockchain technology to exist to help the less privilege who cannot asses the banks own by the government

[Classica35]

Not everyone accepts cryptocurrency and not everyone knows about cryptocurrency. As a matter of fact there are developing countries, where some citizens may not understand anything about crypto and the only option they are left with is bank. Therefore, we cannot totally neglect bank. We still need bank.

[susutao83]

I don't think something wrong about Bank and government. Let decentralization balance with centralization. And make the world a better place.

[makawa]

With the fast developing blockchain technology, more and more people are getting involved in the blockchain world. The human being has been evolving so many years, we went through the period of the primitive society, the agricultural revolution, the industrial revolution, and the Internet revolution. It's time to change, we now need to enter a new era, a decentralized era, we got to trust each other with the technology, but not with the third parties. Government is third parties, the bank is third parties, all the giant company are third parties. Why they want to hinder the development of blockchain or ICO. Because they are afraid, there are no more people they can get benefit from.

Certainly, in the era of crypto we do not need a bank or government.
Such a crypto can not be intervened by the government in determining the price.

[hana_ruby]

It's a bit ealy to deduct that but mostly government and banks are parasite on the people. We can replace banks with crypto and the current government should be replaced by a people centric government that doesn't punish people to make a profit for their advertisers.

[EducoinVietnam]

I think you're completely wrong. it seems to me that it would be best if the cryptocurrency tightly joined our lives and in these spheres of life, too

[TomInVa57]

Yes, blockchain is developing very rapidly. it seems to me that even too quickly and that it should not be so. all will come with time

[rehanaurora]

It is still too early to talk about this but in my opinion we still need government and bank for support and watch that crypto movement, i think crypto if nothing can regulate it will face his ending.

[zap2per]

With the fast developing blockchain technology, more and more people are getting involved in the blockchain world. The human being has been evolving so many years, we went through the period of the primitive society, the agricultural revolution, the industrial revolution, and the Internet revolution. It's time to change, we now need to enter a new era, a decentralized era, we got to trust each other with the technology, but not with the third parties. Government is third parties, the bank is third parties, all the giant company are third parties. Why they want to hinder the development of blockchain or ICO. Because they are afraid, there are no more people they can get benefit from.

It's funny how first two posters promote the same thing..
But on the subject, I can only say that this is just some random rubbish.
We as a species can't exist if we don't have a supreme ruler(s) hence kings/tsars/presidents/governments etc. Somebody somehow has to regulate things or else we fall to anarchy and that leads to wars and destruction. So we can't exist without some kind of government. As for the banks, well i agree the block chain tech will make them obsolete and eventually replace them completely. Why pay fees and go through third party when we can pay each other directly.

[Kazkar]

I think it's too early to make such statements. We can still pay for products using crypto currency.

[vallydelly]

In my own opinion for blockchain to go main stream and reach it's full adoption, we really need everyone onboard, we need the government, the bank and everyone, removing anyone of them will bring division into the space, blockchain should carry everyone along.

[Sanderion]

I think it's too early to make such statements. We can still pay for products using crypto currency.

It's too early to talk about it. Yes, at present there is an opportunity to pay for goods using cryptocurrency, but it is a drop in the ocean. To fully implement the crypto currency in our everyday life there must be a lot of processes, such as regulation and social acceptance. I think this can happen in the next 10 years, not earlier.

[Bunsomjelican]

In my experience here so far since I was started in altcoin or bitcoin world, I never use any bank except for remittances where I encash my profit

here to the exchange we have in my country. Then, before I got here I resigned to my job in the government due to that I saw if I'm gonna focus

myself here a months only I will earn more than the salary I have in my previous work, which is in the end I've done the right decision.